PA Resources’ Year-End Report 2011
SUMMARY · Group revenue for the fourth quarter amounted to SEK 535 million (698). · EBITDA for the quarter was SEK 306 million (438). · Profit before tax for the fourth quarter amounted to SEK 11 million (91) excluding one-off costs, and SEK -2,024 million (91) including one-off costs. · As previously disclosed, during the fourth quarter non-cash, one-off costs of SEK 2,035 million before tax and SEK 1,758 million after tax were recognised. · Production of oil commenced on the Aseng field in Equatorial Guinea in early November and is making a cash flow contribution as from